Sign in Subscribe
Gold

Gold Prices in India Today: 24K, 22K, and 18K Gold Rates Hit Record-High Levels

Strategic Insights

— 1 min read

Gold prices in India have reached record-high levels, with 24-carat gold seeing a nearly 4% increase in the past week. The price of 24K gold is é 11,171 per gram, 22K gold is é 10,240 per gram, and 18K gold is é 8,378 per gram, as of September 17. These prices are expected to drive demand for gold and silver jewelry during the upcoming festive season in India.

Key Takeaways:

  • The price of 24K gold in India today is é 11,171 per gram, a decrease of é 22 from yesterday.
  • The price of 22K gold in India today is é 10,240 per gram, a decrease of é 20 from yesterday.
  • The price of 18K gold in India today is é 8,378 per gram, a decrease of é 17 from yesterday.
  • Gold prices in India are expected to increase during the upcoming festive season, driven by demand for gold and silver jewelry.
  • The US Federal Reserve's monetary policy decision is expected to impact gold prices in India ahead of its announcement.
  • 24-carat gold is the most expensive form of gold, commonly used for investment purposes, while 22-carat and 18-carat gold are primarily used for jewelry.
  • The prices of gold in major Indian cities, such as Chennai, Mumbai, Delhi, and others, are also provided in the table below, with 24K gold ranging from é 11,171 to é 11,204 per gram.

Statistics:

  • The price of 24K gold in India today is é 11,171 per gram.
  • The price of 22K gold in India today is é 10,240 per gram.
  • The price of 18K gold in India today is é 8,378 per gram.
  • Gold prices in India are expected to increase by nearly 4% in the past week, according to GoodReturns.
  • The prices of gold in major Indian cities, such as Chennai, Mumbai, and Delhi, are provided in the table below.

Sources:

  • GoodReturns

Read more